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Wireless

RIM returns to profit, sales still down 36%

Thursday 28 March 2013 | 12:23 CET | News
Research In Motion reported a small improvement in results for its fiscal fourth quarter to 02 March, but has yet to see any major impact from the launch of BlackBerry 10. The annual decline in revenues slowed to 36 percent, from 47 percent in the previous quarter, for a total USD 2.7 billion. Shipments continued to decline, to 6 million Blackberry smartphones from 6.9 million in fiscal Q3, while sales of the PlayBook tablet rose to 370,000 from 255,000 in the previous quarter. RIM said it sold 1 million BlackBerry 10 devices in the quarter, after launching the first device running the new

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Categories: Mobile & Wireless
Companies: BlackBerry / Research In Motion
Countries: World
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Comments

It is very encouraging to note that Blackberry is back to business. Research and innovation is the only way staying at top, but firing employees in the name of Business restructuring.
Boniface K. Lurare @ 30/3/2013 - 17:06

I congradulate RIM for the slight improvement in its sales; however, I encourage it to spend more more on research and invest more on products innovation particularly on software upgradability. Thanks
Richardson Adesuyi @ 29/3/2013 - 16:04


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